From the blog of Mike "Mish" Shedlock
"Icelandic citizens have overwhelmingly spoken. They do not care for the bailouts. They also rightfully believe the Icesave proposal was blackmail, as without it inclusion in the EU would be delayed.
Thus, it's good to see some hardball from someone in the Icelandic parliament. Hopefully Prime Minister Johanna Sigurdardottir will be rewarded for her arrogance and removed in the next election.
The citizens of Iceland think "no means no", so does Birgitta Jonsdottir, and so do I. Best wishes to Iceland."
Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com